"[He has] the physicality, the heavy hands, the high motor," Ravens coach John Harbaugh said. "He has pass-rush ability even maybe more so than we saw from Pernell coming out. He has hips, and he can get around blocks. If he develops like Pernell did, we’re going to have something."

Smith was drafted by the Ravens in the fourth round and on Friday inked a four-year deal with team worth $2.763 million.

Bears announce five-year deal with LB Pernell McPhee

by Larry Hartstein | Senior Analyst

(3/11/15) The Bears announced they've signed former Ravens outside linebacker Pernell McPhee to a five-year deal. The contract is worth nearly $40 million, with nearly $16 million guaranteed, according to the Baltimore Sun.

Report: OLB Pernell McPhee reaches deal with Bears

by Larry Hartstein | Senior Analyst

(3/9/15) Free agent outside linebacker Pernell McPhee will sign with the Bears in a five-year deal worth nearly $40 million, including nearly $16 million guaranteed, reports the Baltimore Sun. McPhee, 26, has spent his entire four-year career with the Ravens.

Last season he racked up 7.5 sacks and a forced fumble to go with 27 tackles despite playing only half of the defensive snaps.

Teams cannot actually sign free agents until 4 p.m. ET on Tuesday.

Giants interested in Jerry Hughes, focusing on defensive line

by R.J. White | CBSSports.com

(3/8/15) The Giants have expressed interest in impending free-agent defensive end Jerry Hughes and appear to be very interested in beeing up their pass rush, ESPN.com reports.

The Giants franchised defensive end Jasson Pierre-Paul but appear ready to add more talent to the defensive line once free agency opens Tuesday. The team has also been connected to Pernell McPhee and Brandon Graham, per the report.

The Giants have also expressed interest in safety Devin McCourty but expect him to be tough to sign.

Report: Cards view Pernell McPhee as Darnell Dockett replacement

by Igor Mello | CBSSports.com

(3/7/15) The Cardinals are targeting impending free agent outside linebacker Pernell McPhee as a potential replacement for Darnell Dockett, who signed with the 49ers earlier this week, according to Dianna Marie Russini of NBC 4 in Washington.

McPhee is set to hit the open market on Tuesday if the Ravens don't lock him up with a new contract. His camp is looking for a contract that pays him in the area of $8 million to $10 million per season, per CBSSports.com NFL Insider Jason La Canfora.